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Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies17
- 7D-8.3%
- 3M-23.9%
- 1Y-1.8%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 8.3%, driven by a pullback from Zen Technologies of 23%. On the other hand Nitiraj Engineers is actually up 37%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 22 Feb 2025 | ₹528.9b | ₹90.4b | ₹10.9b | 46.7x | 48.7x | 5.9x |
| Mon, 20 Jan 2025 | ₹723.6b | ₹83.8b | ₹9.9b | 67x | 73.1x | 8.6x |
| Wed, 18 Dec 2024 | ₹756.2b | ₹83.7b | ₹10.0b | 71.8x | 76x | 9x |
| Fri, 15 Nov 2024 | ₹693.0b | ₹81.0b | ₹9.7b | 70.6x | 71.4x | 8.6x |
| Sun, 13 Oct 2024 | ₹790.4b | ₹77.6b | ₹9.1b | 83.2x | 86.7x | 10.2x |
| Tue, 10 Sep 2024 | ₹755.0b | ₹76.2b | ₹9.0b | 86.7x | 84x | 9.9x |
| Thu, 08 Aug 2024 | ₹756.5b | ₹76.2b | ₹9.1b | 62.1x | 82.7x | 9.9x |
| Sat, 06 Jul 2024 | ₹779.9b | ₹72.7b | ₹8.3b | 67.9x | 94.5x | 10.7x |
| Mon, 03 Jun 2024 | ₹672.2b | ₹71.9b | ₹12.5b | 40.7x | 53.8x | 9.3x |
| Wed, 01 May 2024 | ₹632.6b | ₹66.7b | ₹11.7b | 41.8x | 54x | 9.5x |
| Fri, 29 Mar 2024 | ₹538.2b | ₹66.7b | ₹11.7b | 38.5x | 45.9x | 8.1x |
| Sun, 25 Feb 2024 | ₹533.2b | ₹66.7b | ₹11.7b | 41.4x | 45.5x | 8x |
| Tue, 23 Jan 2024 | ₹527.2b | ₹64.6b | ₹11.6b | 45x | 45.4x | 8.2x |
| Thu, 21 Dec 2023 | ₹483.9b | ₹64.6b | ₹11.6b | 40.3x | 41.7x | 7.5x |
| Sat, 18 Nov 2023 | ₹498.2b | ₹64.6b | ₹11.6b | 32.5x | 42.9x | 7.7x |
| Mon, 16 Oct 2023 | ₹509.9b | ₹59.4b | ₹10.7b | 37.8x | 47.6x | 8.6x |
| Wed, 13 Sep 2023 | ₹520.6b | ₹59.2b | ₹10.7b | 36.2x | 48.7x | 8.8x |
| Fri, 11 Aug 2023 | ₹512.3b | ₹51.0b | ₹10.2b | 28.8x | 50.2x | 10.1x |
| Sun, 09 Jul 2023 | ₹473.1b | ₹49.8b | ₹9.8b | 27.9x | 48.3x | 9.5x |
| Tue, 06 Jun 2023 | ₹441.7b | ₹49.9b | ₹9.8b | 31x | 45.1x | 8.8x |
| Thu, 04 May 2023 | ₹378.8b | ₹47.0b | ₹5.1b | 28.9x | 73.6x | 8.1x |
| Sat, 01 Apr 2023 | ₹382.2b | ₹46.8b | ₹5.1b | 26x | 74.8x | 8.2x |
| Mon, 27 Feb 2023 | ₹376.2b | ₹46.8b | ₹5.1b | 19.6x | 73.7x | 8x |
| Wed, 25 Jan 2023 | ₹407.5b | ₹44.8b | ₹4.8b | 25.1x | 84.7x | 9.1x |
| Fri, 23 Dec 2022 | ₹417.1b | ₹44.6b | ₹4.8b | 23.1x | 87.5x | 9.3x |
| Sun, 20 Nov 2022 | ₹411.8b | ₹44.7b | ₹4.8b | 23.5x | 86x | 9.2x |
| Tue, 18 Oct 2022 | ₹386.5b | ₹43.3b | ₹4.3b | 20.1x | 90.2x | 8.9x |
| Thu, 15 Sep 2022 | ₹428.8b | ₹43.3b | ₹4.3b | 21.8x | 100.1x | 9.9x |
| Sat, 13 Aug 2022 | ₹398.8b | ₹42.2b | ₹4.2b | 30.1x | 95.6x | 9.4x |
| Mon, 11 Jul 2022 | ₹363.3b | ₹41.3b | ₹4.2b | 28.1x | 86.2x | 8.8x |
| Wed, 08 Jun 2022 | ₹333.2b | ₹41.3b | ₹4.2b | 31.1x | 79x | 8.1x |
| Fri, 06 May 2022 | ₹404.2b | ₹41.1b | ₹4.7b | 61.7x | 86.2x | 9.8x |
| Sun, 03 Apr 2022 | ₹394.8b | ₹41.1b | ₹4.7b | 56.1x | 84.2x | 9.6x |
| Tue, 01 Mar 2022 | ₹402.2b | ₹41.1b | ₹4.7b | 40.8x | 85.7x | 9.8x |
Price to Earnings Ratio
85.7x
Current Industry PE
- Investors are pessimistic on the Indian Electronic Equipment and Instruments industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 48.7x which is lower than its 3-year average PE of 70.8x.
- The 3-year average PS ratio of 9.0x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Electronic Equipment and Instruments compare with similar industries?
| IN Market | -0.74% | |
| Tech | -1.82% | |
| Electronic Equipment and Components | -3.38% | |
| Electronic Equipment and Instruments | -8.32% | |
| Electronic Manufacturing Services | 0.50% | |
| Technology Distributors | -1.46% | |
| Electronic Components | -10.31% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 530343 Genus Power Infrastructures | ₹276.05 | 3.3% +₹2.4b | 11.5% | PE35.9x | |
| NITIRAJ Nitiraj Engineers | ₹323.84 | 18.6% +₹521.8m | 73.8% | PE27x | |
| 517393 Vintron Informatics | ₹32.57 | 6.9% +₹209.8m | -0.3% | PE6.6x | |
| 541945 Ranjeet Mechatronics | ₹37.95 | 33.2% +₹94.5m | -46.4% | PS2.6x | |
| 517096 Aplab | ₹59.50 | 6.8% +₹41.9m | -33.1% | PS1.2x |